Blencowe Resources Plc (LON:BRES – Get Free Report)’s stock price was down 24.9% during mid-day trading on Monday . The stock traded as low as GBX 6.10 and last traded at GBX 6.20. 48,765,449 shares traded hands during trading, an increase of 1,133% from the average session volume of 3,953,457 shares. The stock had previously closed at GBX 8.26.
Blencowe Resources Price Performance
The stock has a market cap of £30.53 million, a P/E ratio of -8.16 and a beta of 1.45. The business has a 50-day simple moving average of GBX 7.35 and a 200 day simple moving average of GBX 8.04. The company has a current ratio of 4.22, a quick ratio of 3.57 and a debt-to-equity ratio of 6.48.
About Blencowe Resources
Blencowe Resources Plc engages in the acquisition, development, and exploration of graphite properties in Northern Uganda. It holds a 100% interest in the Orom-Cross Graphite project covering an area of approximately 520,000 hectares located in Northern Uganda. The company was formerly known as Cora Gold Limited and changed its name to Blencowe Resources Limited in September 2017. Blencowe Resources Plc was incorporated in 2017 and is based in London, the United Kingdom.
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